Tata Motors Limited — JV/Acquisition, 17-03-2025: Acquisition

Tata Motors Limited has incorporated a wholly-owned subsidiary named Tata Motors Digital.AI Labs Limited, with an authorized share capital of ₹1 crore (10,00,000 equity shares of ₹10 each). The initial capital subscription of ₹50 lakh comprises 5,00,000 equity shares, fully owned by Tata Motors and its subsidiary, Tata Motors Passenger Vehicles Limited. This move is part of Tata Motors’ strategy to enhance its capabilities in the Information Technology sector, creating potential for operational efficiencies and fostering innovation within its broader business framework. The establishment of TMDALL is expected to align with the company's long-term growth objectives.